PG&E Archives - Page 8 of 11 - California Globe

Gov. Gavin Newsom Rejects PG&E Settlement Offer Opening the Door to Bondholders

December 14, 2019 8:38 amDecember 16, 2019 6:43 am

California Gov. Gavin Newsom announced Friday he is rejecting a $13.5 billion settlement that Pacific Gas & Electric made just last week with wildfires victims from 2017 and 2018. Thousands of people lost homes and businesses in the Camp Fire,...

Proposed Settlements From Bondholders and Shareholders in PG&E Bankruptcy

December 9, 2019 2:10 amDecember 10, 2019 6:16 am

PG&E Corporation announced late Friday a proposed agreement to resolve all claims and pay wildfire victims of the 2018 Camp Fire in Paradise, and the October 2017 wine country fires in Northern California. The deal is expected to boost the...

Mayor Liccardo Gains Support Over Plan to Make PG&E a Customer Owned Utility in San Jose

December 6, 2019 2:43 amDecember 7, 2019 9:13 am

Less than two months after San Jose Mayor Sam Liccardo first announced plans to make PG&E into a customer owned utility in San Jose, it was announced that 114 elected officials in and around San Jose gave support to their...

PG&E’s Lack of Power Line Maintenance Found to be Cause of the Paradise Wildfire

December 3, 2019 6:05 pmDecember 3, 2019 6:06 pm

A report released Monday by the California Public Utilities Commission (CPUC) has found that a lack of power line maintenance by PG&E was the main cause of the 2018 Camp Fire. The report narrowed down the specific neglected area to...

PG&E Fails Attempt at Avoiding Billions of Dollars in Insurance Liabilities

November 30, 2019 2:05 amDecember 1, 2019 10:09 am

PG&E will be held accountable for the $11 billion settlement they had agreed to with insurance companies ruled a bankruptcy judge Wednesday. Inverse Condemnation U.S. Bankruptcy Court Judge Dennis Montali held up the legal principle of ‘inverse condemnation’, which holds...

Bills To Provide Emergency Power In Blackouts Will Be Introduced To The Senate Next Session

November 25, 2019 7:43 pm

Three new bills requiring cell phone and electric companies to provide emergency backup power to cell towers and hospitals will be introduced in Sacramento next year. The Three Bills One of the bills would require cell phone providers to have...

Hundreds of Thousands PG&E Customers In Northern California Are Without Power Yet Again

November 20, 2019 4:52 pm

Less than 72 hours after an intense public grilling by the California Senate over the widespread planned power outages and general mismanagement by PG&E across Northern California, the utility company is yet again intentionally shutting off the lights. The latest...